YMU Cutting Up To 10% Of Staff In Financial Restructure – Deadline
Top UK agency YMU is set to make around 9% of staff redundant following a financial review, with lender Permira Credit taking a majority stake.
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Top UK agency YMU is set to make around 9% of staff redundant following a financial review, with lender Permira Credit taking a majority stake.
UK management group YMU is exploring optionts to address its debt, according to a report. The company reportedly owes its lenders $87 million.
YMU and its owner, Trilantic Europe, are in talks with Lloyds Banking Group and Permira Credit about the talent management group's balance sheet amid concern about its performance, Sky News learns.
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